Answer:
A. Merger
Explanation:
In case of a merger, two or more entities come together and form a new entity. In case of a merger one company takes over all assets and assumes all liabilities of the other company.
Merger offers synergistic gains and achieves economies of scale.
Usually in case of a merger, the business of the other entity is continued as merger usually happens between companies engaged in the same line of business.
In the present case, Rothmans Corporation purchased all assets and assumed all liabilities of Zenco Inc and also retained it's name as the merged entity.
This is a case of a merger.
Answer:
1. Cash in hand and at bank balance
2. Is there land and buildings available
3. Are there any accumulated debt owed by the church
4. Collections or record of church document.
Explanation:
1. Cash in hand and at bank balance. This an example of a current asset. The first question is how much does the church have as cash and bank balance. The reason is to ascertain whether the fund will be sufficient for the new building project.
2. Land and Buildings availability. This is a fixed asset. The board would enquire whether there is an already existing building or land with which to begin the building project.
3. Debt or loan owed by the church. Loan forms part of liability in a balance sheet. Another question to be asked is whether the church is indebted to a bank or financial institution. This will determine whether or not to continue with the building project.
4. Record of church document. Does the church have any existing document with which to support the new building? This is pertinent as to begin or abandon the plan to build a new church.
Answer:
Market orientation
Explanation:
Market orientation is a kind of business philosophy in which the company focuses on finding out the needs of the consumers and developing the solutions to meet the needs of the consumer.
Here, the Apple conducts the marketing research to find out the customer needs and upgrade the devices to new models to meet the needs of the consumer.
Answer:
a. cannot be purchased through the IPO.
Explanation:
The Financial Industry Regulatory Authority (FINRA) does not allow purchase of IPO stock by insiders.
It states that no FINRA member firm should sell IPO shares to an account where a restricted person has an interest.
Restricted persons are defined as anyone that is employed by a broker or their immediate family.
So the spouse of the registered representative cannot be given an allocation in the IPO share sale.
Answer:
The answer is "Option c".
Explanation:
Dr. Cr.
Prepayment of rent 151,200
Popular stock 300
Extra capital expenditures 150,900
